Wrap Agreement definition

Wrap Agreement means the front part of the IUK Access Agreement, linking the Agreement and its Appendices to the IUK Access Code;
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Wrap Agreement means, with respect to any Person, each Contract relating to "wrap" or similar services which are required to be disclosed on Schedule H to Form ADV, including such Contracts under the "OMEGA", "Strategic Asset Review", "Oppenheimer Investment Advisers", "Portfolio Advisory Services" a▇▇ "▇▇▇▇▇▇▇ent Advisory Services" wrap programs.
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Wrap Agreement means the agreement entered into between the Parties on the Second Effective Date for the amendment and restatement of this Agreement.
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Examples of Wrap Agreement in a sentence

  • Pursuant to procedures adopted by the Fund's Board of Trustees, fair value of a Wrap Agreement generally will be equal to the difference between the Book Value and the market value of the Covered Assets.

  • Moreover, the Wrap Provider may require the Plan to obtain at its own expense the services of a qualified professional asset manager acceptable to the Wrap Provider to manage the Covered Assets distributed in-kind in conformity with the Wrap Agreement provisions.

  • During that maturity period the terminating Wrap Agreement will apply to a distinct investment portfolio within the Fund.

  • This Agreement shall commence on the date stated at the beginning of this Wrap Agreement and shall continue until it is terminated in accordance with the General Terms and Conditions (Appendix A).

  • In addition, the Fund may be able to obtain another Wrap Agreement from another Wrap Provider to provide Book Value protections with respect to those Covered Assets.

  • The Wrap Agreements typically provide that either the Wrap Provider or the Fund may terminate the Wrap Agreement upon specified notice to the other party.

  • With respect to payments made under the Wrap Agreements between the Fund and the Wrap Provider, some Wrap Agreements, as noted in the Fund's prospectus, provide that payments may be due upon disposition of the Covered Assets or upon termination of the Wrap Agreement.

  • In addition, Cedant shall, at Reinsurer’s instruction and expense, cooperate with Reinsurer to effect any such action with respect to the management or administration of the Wrap Agreements as Reinsurer shall reasonably request, as may be permitted under the terms of any Wrap Agreement.

  • Moreover, because it is anticipated that each Wrap Agreement will cover all Covered Assets up to a specified dollar amount, if more than one Wrap Provider becomes obligated to pay to the Fund the difference between Book Value and market value, each Wrap Provider will pay a pro-rata amount in proportion to the maximum dollar amount of coverage provided.

  • Thus, the Fund will not have the option of choosing which Wrap Agreement to draw upon in any such payment situation.


More Definitions of Wrap Agreement

Wrap Agreement means a contract related to identified fixed income assets and/or other capital preservation instruments that are owned by a Fund pursuant to which the counterparty of the contract agrees, subject to the conditions stated in the contract, to make payments designed so that certain withdrawals from a Fund are made at book value.
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Wrap Agreement mean the Power Purchase and Sale Agreement (Second Wraparound Agreement), dated January 13, 2005, between the Project Companies and Pacific Gas and Electric Company.
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Related to Wrap Agreement

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Cap Agreement means any interest rate cap agreement, interest rate swap agreement or other interest rate-hedging contract or agreement, in a form acceptable to Lender, obtained by Borrower from a Cap Provider as a requirement of any Loan Document or as a condition of Lender’s making the Loan.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and ▇▇▇▇▇▇▇▇ County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Rate Protection Agreement means, collectively, any interest rate swap, cap, collar or similar agreement entered into by the Borrower pursuant to the terms of this Agreement under which the counterparty to such agreement is (or at the time such Rate Protection Agreement was entered into, was) a Lender or an Affiliate of a Lender.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.